US Bull, China Bear
Moody's Talks - Inside Economics
00:00
The Implications of China's Economic Growth
China's GDP per capita is below the poverty level of the United States. And so they need continued growth, but it also has implications for their ability to fund education and social security. China feels less democratic today than it was 10 years ago or 20 years ago,. It's hard for people to find an outlet to express their frustration," he says.
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